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We solve real estate problems!
With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in a recent interview: “With…
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BELLINGHAM, Wash. — Oct. 3, 2019 — eXp Realty, The Real Estate Cloud Brokerage and a subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), today launched Express Offers, its new home-buying and selling platform for U.S. eXp Realty agents and their clients. Express Offers allows eXp Realty agents to submit homes on behalf of their clients…
Read MoreThe Federal Reserve lowered its benchmark interest rate by another quarter of a percentage point on Wednesday to a range of 1.75% to 2%, citing concerns over a global economic slowdown. Mortgage rates aren’t directly tied to the Fed’s interest rate, but they do tend to be influenced by them. Following its meeting, the Fed signalled…
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Excluding the Great Recession, a study of 1,039 state-level recessions since 1997 found that home values appreciated at the same rate they did in other times. NEW YORK – Other than the housing-led Great Recession of the late 2000s, home values have typically continued to grow through national and statewide recessions over the past quarter-century,…
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